Australia
Asia-Pacific markets set to open lower as investors assess Trump’s 30% tariffs on EU and Mexico
Asia-Pacific markets open mixed Asia-Pacific markets started the day mixed Monday. As of 8.10 a.m. Singapore time, Japan’s Nikkei 225 benchmark lost 0.33% while the broader Topix index ticked down 0.21%. In South Korea, the Kospi index was up 0.22% while the small-cap Kosdaq moved up 0.19%. Over in Australia, the S&P/ASX 200 benchmark was down 0.1%. — […]
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Asia-Pacific markets trade mixed after Trump rules out tariff deadline extension
Copper falls on Trump’s impending 50% tariffs Copper wires at a recycling facility in Salt Lake City, Utah, US, on Thursday, May 8, 2025. Niki Chan Wylie | Bloomberg | Getty Images Copper prices slipped on Wednesday after U.S. President Donald Trump announced a 50% tariff on exports of the metal to the U.S. The three-month […]
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Australia unexpectedly holds policy rate as it awaits more inflation data
The Reserve Bank of Australia building in Sydney on May 2, 2022. Brendon Thorne | Bloomberg | Getty Images Australia’s central bank held its policy rate at 3.85%, saying it needed more time to assess inflation data. Economists polled by Reuters had been expecting a cut of 25 basis points to 3.6%. In its statement […]
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Asia-Pacific markets set to open lower as investors assess Trump’s higher tariffs
Peter Adams | Stone | Getty Images Asia-Pacific markets are set to open lower after U.S. President Donald Trump announced higher tariffs on 14 trading partners, including Japan and South Korea. Goods exported to the U.S. from Japan, South Korea, Malaysia, Kazakhstan and Tunisia are now set to face 25% tariffs starting Aug. 1, according to the […]
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Asia-Pacific markets mostly lower after Trump shifts goalposts on tariffs again
Waterfront city skyline of Sydney city downtown at night with bright illumination of modern architectural landmarks in Sydney, Australia. Prasit Photo | Moment | Getty Images Asia-Pacific markets traded mostly lower on Monday after U.S. President Donald Trump confirmed that tariffs, first announced in April, will take effect on August 1 for countries that haven’t […]
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Asia-Pacific markets mostly set to open higher after Wall Street gains on strong jobs report
The skyline of Yokohama with the Landmark Tower, Queen’s Square and the ferries wheel with the Aka-Rengo Soko warehouse on a beautiful day. Juergen Sack | E+ | Getty Images Most Asia-Pacific markets are set to climb on Friday, trailing gains on Wall Street after a better-than-expected jobs report eased investors’ concerns of a slowdown in […]
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Germany’s defense industry is booming. Here’s where its weapons are going
Germany’s defense sector is growing as increasing geopolitical tensions have led to a surge in orders. The value of German military exports hit 13.2 billion euros ($15.5 billion) last year, according to preliminary figures — more than double 2020’s 5.82 billion euros . Defense stocks in the country have skyrocketed over the past year as […]
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CNBC Daily Open: Keeping a cool head paid off for investors
Britain’s Prime Minister Keir Starmer speaks with US President Donald Trump as they attend the North Atlantic Council plenary meeting at the North Atlantic Treaty Organisation summit in The Hague, Netherlands, on June 25, 2025. Ludovic Marin | Via Reuters What a first half of the year it has been. In the first six months, […]
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Asia-Pacific markets poised for cautious open as investors assess gains on Wall Street and Trump’s tariff plans
Shanghai Bund skyline panorama Yangna | E+ | Getty Images Asia-Pacific markets are set to have a cautious open Tuesday, with investors assessing the record gains on Wall Street and the global impact of U.S. President Donald Trump’s tariff policies as his 90-day tariff reprieve is set to expire next week. U.S. Treasury Secretary Scott Bessent said […]
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Asia-Pacific markets rise as investors parse a slew of data releases
Aerial view of Seoul downtown city skyline with vehicle on expressway and bridge cross over Han river in Seoul city, South Korea. Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets rose Monday as investors parsed a slew of data points, including South Korea and Japan’s industrial output figures for May and China’s purchasing managers’ […]
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